{"id":1004640576,"date":"2023-01-20T08:08:53","date_gmt":"2023-01-20T16:08:53","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004640576"},"modified":"2023-01-20T08:08:56","modified_gmt":"2023-01-20T16:08:56","slug":"montecito-medical-grows-kansas-city-footprint","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/montecito-medical-grows-kansas-city-footprint\/","title":{"rendered":"Montecito Medical Grows Kansas City Footprint"},"content":{"rendered":"<div id=\"attachment_1004640582\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11500-Granada-St.-Leawood-e1674218682969.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004640582\" data-attachment-id=\"1004640582\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/montecito-medical-grows-kansas-city-footprint\/11500-granada-st-leawood\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11500-Granada-St.-Leawood-e1674218682969.jpg\" data-orig-size=\"1000,750\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;\\u00a9 Yardi Systems, Inc.&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"11500 Granada St. Leawood\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Medical office building at 11500 Granada St., Leawood.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11500-Granada-St.-Leawood-e1674218682969.jpg?w=1000\" class=\"wp-image-1004640582 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11500-Granada-St.-Leawood-e1674218682969.jpg?w=300\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11500-Granada-St.-Leawood-e1674218682969.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11500-Granada-St.-Leawood-e1674218682969.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11500-Granada-St.-Leawood-e1674218682969.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004640582\" class=\"wp-caption-text\">11500 Granada St., Leawood, Kan.<\/p><\/div>\n<p><strong>Montecito Medical<\/strong> has acquired a portfolio of six medical office buildings in Greater Kansas City, Kan., in a sale-leaseback transaction. <strong>Discover Vision Centers<\/strong> sold the assets totaling 95,769 square feet and will remain their anchor tenant. <strong>ERE Healthcare Real Estate Advisors <\/strong><span style=\"font-size: revert; color: initial;\">CEO &amp; Managing Director Collin Hart and Director Marc Flynn <\/span><span style=\"font-size: revert; color: initial;\">represented the seller.<\/span><\/p>\n<p>With this deal, Montecito expanded its Kansas City-area portfolio that also includes medical office buildings in Lee\u2019s Summit, Mo., and Harrisonville, Mo.<\/p>\n<p>The Discover Vision facilities have an average size of roughly 20,000 square feet and can be found at the following locations:<\/p>\n<ul>\n<li>11010 Haskell Ave., Kansas City, Kan.<\/li>\n<li>15710 W. 135th St., Olathe, Kan.<\/li>\n<li>11500 Granada St., Leawood, Kan.<\/li>\n<li>4741 S. Cochise Drive, Independence, Mo.<\/li>\n<li>1018 W. Foxwood Dr., Raymore, Mo.<\/li>\n<li>211 NW Highway 7, Blue Springs, Mo.<\/li>\n<\/ul>\n<p>The laser vision correction centers provide a full range of medical services, including routine eye care, laser vision correction, diabetic eye care, advanced cataract surgery and retinal surgery.<\/p>\n<h2>Montecito&#8217;s health-care portfolio<\/h2>\n<p>Since 2006, Montecito Medical has acquired medical office properties in 35 states across the U.S., valued at more than $5.1 billion.<\/p>\n<p>Last year in August, Montecito expanded its Florida footprint with the acquisition of a <a href=\"https:\/\/www.commercialsearch.com\/news\/montecito-medical-expands-in-tampa-area-with-20m-buy\/\">37,000-square-foot<\/a> medical office building in Lithia. Rubin Real Estate Advisors sold the asset for $20 million.<\/p>\n<p>A more recent transaction closed early this year, when the company sold a <a href=\"https:\/\/www.commercialsearch.com\/news\/remedy-kayne-anderson-buy-131m-mob-portfolio\/\">13-property portfolio<\/a> to a partnership between Remedy Medical Properties and Kayne Anderson Real Estate. The assets, located in eight states, traded for $131 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Discover Vision Centers sold the six-building portfolio.<\/p>\n","protected":false},"author":2829,"featured_media":1004640582,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,1592,21754,13,21742],"tags":[35085],"class_list":["post-1004640576","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-kansas-city","category-medical-office","category-midwest","category-latest","tag-montecito-medical"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Montecito Medical Grows Kansas City Footprint - CPE<\/title>\n<meta name=\"description\" content=\"Montecito Medical acquired a six-building medical office portfolio in Greater Kansas City, Kan., from Discover Vision Centers.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/montecito-medical-grows-kansas-city-footprint\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Montecito Medical Grows Kansas City Footprint\" \/>\n<meta property=\"og:description\" content=\"Montecito Medical acquired a six-building medical office portfolio in Greater Kansas City, Kan., from Discover Vision Centers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/montecito-medical-grows-kansas-city-footprint\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-20T16:08:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-20T16:08:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/11500-Granada-St.-Leawood-e1674218682969.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Madalina Pojoga\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/montecito-medical-grows-kansas-city-footprint\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/montecito-medical-grows-kansas-city-footprint\/\",\"name\":\"Montecito Medical Grows Kansas City Footprint - 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